lombok
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November 16, 2023, 11:05:30 PM |
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Crypto is a stock market and also it can be affected by some wars and pandemic like situations. So I will say that Currently going wars with Gaza ( PALAESTINE) and Israel War. In long term situation and as there are high chances of spreading of war to whole middle eat. Will bitcoin market go on crash mood because last time was coronavirus. What are your thoughts? I think that could be the reason of crash.
When the pandemic first appeared and went viral, Bitcoin experienced a decline, but if we look at the graph, Bitcoin also experienced an increase and even headed towards ATH during the pandemic and lockdown at that time. In my opinion, Bitcoin is able to survive in any conditions, even war. War causes panic in the market, it is clear and natural, this has a hard impact on stocks. However, there were several special areas that increased during the war, such as oil, gas, silver, and even the safe-have asset gold. It should be remembered that Bitcoin is also a safe haven asset called digital gold. From here OP should already know and understand where Bitcoin is going.
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Tuturtinular
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November 16, 2023, 11:45:58 PM |
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Crypto is a stock market and also it can be affected by some wars and pandemic like situations. So I will say that Currently going wars with Gaza ( PALAESTINE) and Israel War. In long term situation and as there are high chances of spreading of war to whole middle eat. Will bitcoin market go on crash mood because last time was coronavirus. What are your thoughts? I think that could be the reason of crash.
As far as I know, the coronavirus pandemic made bitcoin prices touch a new ATH. This happens because people do not believe in the fiat system during the pandemic and prefer bitcoin. A similar thing could happen during a war, war will stop fiat financial facilities and it will be difficult for us to access our money in banks. It is possible that they will choose Bitcoin again because it is safer and cannot be frozen
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joniboini
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November 17, 2023, 01:08:56 AM |
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A similar thing could happen during a war, war will stop fiat financial facilities and it will be difficult for us to access our money in banks. It is possible that they will choose Bitcoin again because it is safer and cannot be frozen
It will also depend on the scale of the war. Unless it is catastrophic, I believe any price movement would be localized in the local market. And if there is infrastructure failure, it could also affect Bitcoin unless most users don't rely on the internet to make transactions. Not to mention liquidating their existing coins will become difficult too. I wouldn't be surprised if some people decide to trade their coins below the market price to get daily necessities. Unfortunately, the media will always paint Bitcoin or crypto as this terrorist financial source that if removed will kill the group completely. This might also affect Bitcoin or crypto prices if the propaganda is really strong, although that doesn't seem to be the case right now as far as I can see.
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Text
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November 17, 2023, 02:23:59 AM |
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Crypto is a stock market and also it can be affected by some wars and pandemic like situations. So I will say that Currently going wars with Gaza ( PALAESTINE) and Israel War. In long term situation and as there are high chances of spreading of war to whole middle eat. Will bitcoin market go on crash mood because last time was coronavirus. What are your thoughts? I think that could be the reason of crash.
I don't think that the ongoing war crimes between Gaza and Israel have an impact on the Bitcoin trend like you think. The crypto market is influenced by a myriad of factors, and predicting its movements can be challenging. We really don't know if geopolitical tensions can contribute to market fluctuations if can they are just one piece of the puzzle. I think it could affect the global financial markets if this conflict escalates and spreads. It will depend on how investors perceive its role in times of crisis.
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pinggoki
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November 17, 2023, 02:59:58 AM |
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War is a complete different situation than the pandemic. A lot of fiat is spent in a war and it does affect the countries participating in that war economically. Bitcoin is not a country specific currency it is a global currency and therefore I feel we won't see much happening in the cryptocurrency market.
That's to be decided, we will never know if bitcoin will be used to buy weapons secretly because that's how a lot of arms dealer or country do their work when it comes to not causing any problem for them but still doing business with those country and bitcoin is in the right position for them to utilize it's pseudonymity. Their only problem now would be how to launder that money so there's really no way that those weapons that they've sold won't be traced to them. If worst comes to worst then I am sure that bitcoin will be a token used in war and there's nothing we can do about it, we just have to bear the burden that there are evil uses for bitcoin while at the same time enjoying the profits of the bitcoin that we're hodling. I don't think that the ongoing war crimes between Gaza and Israel have an impact on the Bitcoin trend like you think. The crypto market is influenced by a myriad of factors, and predicting its movements can be challenging. We really don't know if geopolitical tensions can contribute to market fluctuations if can they are just one piece of the puzzle. I think it could affect the global financial markets if this conflict escalates and spreads. It will depend on how investors perceive its role in times of crisis.
Just like how the world events can move the stock markets and the global markets, I am sure that bitcoin isn't immune to the influence of that stuff especially with more people that are using bitcoin as the years go by, it is inevitable that with more people knowing about bitcoin, the more people there are that will use it for evil purposes like in this theory of mine that they will use bitcoin to secretly pay for weapons that will be sold to the both sides secretly.
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yhiaali3
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Bitcoin Days
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November 17, 2023, 04:28:52 AM |
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Yes, cryptocurrencies can be affected by some wars and situations similar to epidemics, but they are not a stock market as most of the members mentioned above, so you have to correct your concept.
I see that the war between Hamas and Israel did not have any impact on the crypto market. If there had been an impact of this war, we should have seen Bitcoin fall, but we see the exact opposite, as Bitcoin began to rise well since that time.
The reason, in my opinion, is that this war is limited and regional, but if it expands and the war spreads to other countries and the major powers participate in the conflict, then we will certainly witness a negative impact of this war on global markets in general, including the Bitcoin market.
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KFC786 (OP)
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November 17, 2023, 05:04:19 AM |
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Will bitcoin market go on crash mood because last time was coronavirus. What are your thoughts? I think that could be the reason of crash.
Highly doubt this is possible since Bitcoin is not directly involved on both country in war. Also there’s still ongoing war between Ukraine and Russia yet Bitcoin price is rallying now like there’s no war happening. Israel Palestine war is already ongoing for a long time even before this recent tension yet Bitcoin is not affected on this kind event. I believe global economy crisis can be catalyst on a scenario that you are thinking but we all know that Bitcoin bounce back no matter what happened so who cares about the effect of war. My mean this war is spreading to whole middle east as I think as Iran, Turkey and other countries might join and it might effect cause they are oil producing countries as maybe we might stuck into crash as forex might drop and Bitcoin might also drop.
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TheUltraElite
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November 17, 2023, 02:24:13 PM |
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Crypto is a stock market and also it can be affected by some wars and pandemic like situations. Crypto is a "Speculative" market and stocks belong the same class too. But crypto and stocks are not the same. All speculative markets are affected by ongoing global events big enough to impact the economy, like a pandemic, a disaster, an ongoing war etc. So I will say that Currently going wars with Gaza ( PALAESTINE) and Israel War. In long term situation and as there are high chances of spreading of war to whole middle eat. Will bitcoin market go on crash mood because last time was coronavirus. What are your thoughts? A lot of bad things can happen but we can only speculate. Its a questions of ifs and buts. I think that could be the reason of crash. You cant pinpoint a single reason for a single movement, that would be an oversimplification. At present the market is bullish. If you are betting on short, then good luck to when that happens.
What does War Crimes have to do with this? and why did you put that in the OP title?
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YOSHIE
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November 17, 2023, 02:37:35 PM |
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What are your thoughts?
I just think that Bitcoin or the crypto market has a lot of impact on things related to the situation of the country and society, whether it's war, Covid and so on, The Bitcoin trading method is generally carried out by the public, so if the public is in a riot, of course there will definitely be a negative effect on crypto. War is a bad situation for society, plus the majority of countries at war use Bitcoin and many are involved in trading on the crypto market, of course that is a bad thing that can be felt in general, The pandemic situation is different from war. On the one hand, the pandemic generally means that people can still use the internet and are safe in online activities, whereas war is not, all sectors are paralyzed, the development of Bitcoin also has a negative impact on the phenomenon of war.
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synchronym
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November 17, 2023, 03:48:30 PM |
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Crypto is a stock market and also it can be affected by some wars and pandemic like situations. So I will say that Currently going wars with Gaza ( PALAESTINE) and Israel War. In long term situation and as there are high chances of spreading of war to whole middle eat. Will bitcoin market go on crash mood because last time was coronavirus. What are your thoughts? I think that could be the reason of crash.
Bitcoin has nothing to do with World War. If we talk about the war in Ukraine or Russia, the war between Ukraine and Russia has been going on for a long time. The Ukraine Russia war is still going on. I don't think it has any effect on Bitcoin. That's because if we look at the Bitcoin market, we can understand that the Bitcoin market is getting faster as the days go by. If we are coming to the end in 2023 so far the bitcoin market is urdu pace so hopefully 2024 may be good for bitcoin. So I think 2024 may be the year bitcoin price will increase.
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MFahad
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November 17, 2023, 04:02:41 PM |
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According to my opinion the price of bitcoin is not much effected by any pandemic issue because as we have saw the corona pandemic when spreading all around the world then there was no adverse effects happened to bitcoin. Same is with the case of war that war has no adverse effect on Bitcoin's worth as currently there is a war between Israel and Palestine but if we see towards the price of bitcoin then price is going to increase rather than any decline.
The price of materials which we are using for energy are related with such situations and get worse after pandemic and war but I don't think that there will be any effect on Bitcoin's price. There is an adverse effect or war and pandemic on the whole world because every country is depended on others for some materials which become higher in price but bitcoin is a digital currency which did not show any decrease in price.
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Johnyz
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November 17, 2023, 04:16:59 PM |
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Crypto is a stock market and also it can be affected by some wars and pandemic like situations. So I will say that Currently going wars with Gaza ( PALAESTINE) and Israel War. In long term situation and as there are high chances of spreading of war to whole middle eat. Will bitcoin market go on crash mood because last time was coronavirus. What are your thoughts? I think that could be the reason of crash.
Crypto is not a safe haven at all so for sure it will be affected especially if there's a war where the economy of a country will surely be affected. We don't want bad things to happen to any country, unfortunately there's a lot of greedy people who wants to control other people and the result is misunderstanding and a war. The next possible reason for a big dump of crypto market will be the WWIII, so let's pray for a world peace and pray for a more livable country that are open to every opportunities.
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Nrcewker
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November 17, 2023, 05:00:36 PM |
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Crypto market and stock markets are completely different mate. They have some similarities, but very much different in many aspects. This war will do leave some impact on the economy, hence these markets can suffer a bit. But it’s been few days since the war has continued and till now we haven’t seen any great impact on the market. But yes wars do affect many people, so in that manner the markets might go down slightly. Let’s hope for the best.
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EluguHcman
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November 17, 2023, 06:46:00 PM |
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My take on a global crisis pertaining Bitcoin is that whatever the situation would be, there is highily investors it would favour. The systematic program of Bitcoin volatility is a varieties to favour its investors in a random hovering. If a regional crisis tends to deflate the Bitcoin industry, it is definitely paving ways those who needed to Invest with a projected minimal amount and most especially... Those who failed to invest when the Bitcoin markets valued was at $0.09 to the values rate that got the industry lucratively excited to take advantage in such period of time. Wars doesn't come to stay, surely it would come to an end somedays so there is no need panicking about wars affecting Bitcoin market. I am also waiting for a highily deflation in the Bitcoin markets so I can take chances and pump my trading wallet account but though doesn't expect it to come from war because lives matters.
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justdimin
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November 18, 2023, 06:15:24 AM |
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Yes, cryptocurrencies can be affected by some wars and situations similar to epidemics, but they are not a stock market as most of the members mentioned above, so you have to correct your concept.
I see that the war between Hamas and Israel did not have any impact on the crypto market. If there had been an impact of this war, we should have seen Bitcoin fall, but we see the exact opposite, as Bitcoin began to rise well since that time.
The reason, in my opinion, is that this war is limited and regional, but if it expands and the war spreads to other countries and the major powers participate in the conflict, then we will certainly witness a negative impact of this war on global markets in general, including the Bitcoin market.
I mean why would it? That was the weirdest type of prediction to me, imagine if ALL of Israel and Palestine started to fight each other, not even a single person left, all vs all situation even in that situation there is no reason why bitcoin price must drop, why would it? I get that something terrible is going on there, I am sure that innocent people are dying from both sides, and I know that the whole world wants everyone to stop killing each other from north at Ukraine to south at Palestine, we all want peace in our world, wherever it is. But just because we are unhappy about the situation, doesn't mean that we need to end up with a situation where we are going to end up dropping down a ton and have a situation there.
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Hamza2424
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November 18, 2023, 08:47:22 AM |
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Crypto is a stock market and also it can be affected by some wars and pandemic like situations. So I will say that Currently going wars with Gaza ( PALAESTINE) and Israel War. In long term situation and as there are high chances of spreading of war to whole middle eat. Will bitcoin market go on crash mood because last time was coronavirus. What are your thoughts? I think that could be the reason of crash.
Bro, first of all, Crypto is not the stock market, secondly, your view is completely opposing my stand on it, if such a scenario of war happens the entire crypto market with Bitcoin will crash freely and for the Altcoins it will be a disaster because Bitcoiner and Visionary crypto market investors will directly take their stand with Bitcoin by accumulating it as a last safe resort for their investment. Some of the investors may take the exit in fud, global peace is the first pre-requisites for the global adoption of the crypto market. In such a crisis, every risk investment market freely falls. I'm not sure why currently crypto market is standing so bullish even with such a war crisis, it can be possibly due to the ETF's approval hype.
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rhomelmabini
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November 18, 2023, 08:57:55 AM |
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Crypto is a stock market and also it can be affected by some wars and pandemic like situations. So I will say that Currently going wars with Gaza ( PALAESTINE) and Israel War. In long term situation and as there are high chances of spreading of war to whole middle eat. Will bitcoin market go on crash mood because last time was coronavirus. What are your thoughts? I think that could be the reason of crash.
Totally unrelated and for some reason it may have an effect to the market especially to the nations in concern. COVID-19 was way more global compare to the war happening now at Gaza, I don't think there will be a crash in the market because it will spread in the Middle East, not that fast I guess.
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TheUltraElite
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Going to reach LEET merits soon!
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November 18, 2023, 02:08:28 PM |
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Totally unrelated and for some reason it may have an effect to the market especially to the nations in concern. COVID-19 was way more global compare to the war happening now at Gaza, I don't think there will be a crash in the market because it will spread in the Middle East, not that fast I guess.
Not that fast for sure it has been happening for some time now and it has hardly had an impact, while the pandemic was leading to gross downtrends in all markets, I made very cheap stock buys during that time which have rebounded back to massive profits today. That was a time for bitcoin to crash as well, but as far as I recall, it did not get affected much. Rather negative news of exchanges and hacks impacted it more deeply. I still dont understand the context of "War Crimes" here and why the OP included that in the thread title. Even then just like Russia-Ukraine war I dont think this one will impact much, but only time can tell.
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OcTradism
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November 18, 2023, 02:29:35 PM |
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Not that fast for sure it has been happening for some time now and it has hardly had an impact, while the pandemic was leading to gross downtrends in all markets, I made very cheap stock buys during that time which have rebounded back to massive profits today. That was a time for bitcoin to crash as well, but as far as I recall, it did not get affected much. Rather negative news of exchanges and hacks impacted it more deeply.
Short term, everything can happen and if other markets crashed with a pandemic announcement of WHO, Bitcoin market did have a crash is normal with me. I would feel more happy if Bitcoin market can be totally different than other markets but if it can not do it, like it actually reacted with the pandemic announcement, I see it's just fine. The bottom line is after that shock and crash, Bitcoin market is a strongest since 2020 if I am not missing better performances from other markets. Are there other markets better than Bitcoin market since 2020? In the Genesis block, Satoshi Nakamoto embedded a Coinbase message. The Times 03/Jan/2009 Chancellor on brink of second bailout for banks
Long term, Bitcoin has its show as Satoshi Nakamoto wanted. I can not find any other asset that performs better than Bitcoin in ROI. https://casebitcoin.com/charts
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jaberwock
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November 20, 2023, 01:44:19 PM |
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Cryptocurrencies are not stocks because they are not subject to regulatory oversight that can determine the limits of the increase in the share price, listing, or removal of the currency, but they are isolated islands that are not affected by the economy. Bitcoin was affected by what happened in 2020 and what happened in 2022, but only in the short term, so that the price was able to return again to the same levels in Less than 6 months, and therefore a global war is the only scenario that Bitcoin did not experience, and all regional wars had no effect or affected in the short term.
And even though we say they are subject to that, both items are still not the same. Because, a stock is from a company, like for example apple stocks. While cryptos are only a currency that can possibly created by a single individual only. Anyway, many cryptos right now are actually regulated and then the platforms related to them like exchanges are as well regulated. Being regulated might affect their value but there are still other factors that affects it as well. There are some wars before where BTC is affected. But to our surprise, some of them had only bring a positive effect to it. Still, it does not mean that we are wishing for more wars to come.
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